How big is the Fiber Optic Cable Market?

The Fiber Optic Cable Market size is expected to reach USD 12.83 billion in 2024 and grow at a CAGR of 8.46% to reach USD 19.26 billion by 2029. Read More

What is the current Fiber Optic Cable Market size?

In 2024, the Fiber Optic Cable Market size is expected to reach USD 12.83 billion. Read More

Who are the key players in Fiber Optic Cable Market?

Corning Inc., Sumitomo Electric Industries Ltd, Prysmian Group, Furukawa Electric and CommScope Holding Company Inc. are the major companies operating in the Fiber Optic Cable Market. Read More

Which is the fastest growing region in Fiber Optic Cable Market?

North America is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Fiber Optic Cable Market?

In 2024, the Asia Pacific accounts for the largest market share in Fiber Optic Cable Market. Read More

What years does this Fiber Optic Cable Market cover, and what was the market size in 2023?

In 2023, the Fiber Optic Cable Market size was estimated at USD 11.74 billion. The report covers the Fiber Optic Cable Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Fiber Optic Cable Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Fiber Optics Cable Market Share, Size & Analysis

Fiber Optics Cable Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers Fiber Optic Cable Manufacturing Companies and is Segmented by End-User Industry (Telecommunication, Power Utilities, Defense/Military, Industrial, Medical, and Other End-User Industries) and Geography (North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa). The Report Offers Market Sizes and Forecasts in Value (USD) for all the Above Segments.

Fiber Optics Cable Industry Overview

The fiber optics cable market is highly fragmented, with the presence of major players like Corning Inc., Sumitomo Electric Industries Ltd, Prysmian Group, Furukawa Electric, and CommScope Holding Company Inc. Players in the market are adopting strategies such as partnerships and acquisitions to enhance their product offerings and gain sustainable competitive advantage.

October 2023 - Yangtze Optical Fiber and Cable Joint Stock Limited announced new optical cable variants, high-density data center solutions, and streamlined F.ODN pre-connected solutions at SCTE CABLE-TEC EXPO 2023. The new all-dry fiber optic cable features a compact diameter, reduced weight, and splice-ready design without filling compounds. It is optimized for swift, hassle-free deployment.

September 2023 - Coherent Corp. announced its partnership with Windstream to enable 400G services has been extended to enable 100G services at the edge of the network, leveraging the industry’s first 100G QSFP28 0 dBm digital coherent optics (DCO) transceiver.